FY 26 Proposed Operating Budget Book

DEBT SERVICE Watershed Management Fund: 661290 Principal, 662290 Interest

ORIGIN & PURPOSE: This account is a special fund for deposit of a certain portion of the recordation tax, $0.55 for each $500 of the sale price (or lien amount) for each property deed recorded. The proceeds of this fund are used for the County’s watershed protection and restoration program as mandated under State of Maryland law. The State requires a separate fund be established for this purpose.

Watershed Management Fund by Type

Debt Service Watershed Management by Type

FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

CONTRACTUAL SERVICES

$0

$618

$0

$0

Principal Payment County Bond

$932,774

$1,138,590

$1,309,514

$1,426,815

PRINCIPAL PAYMENT TOTAL

$932,774

$1,138,590

$1,309,514

$1,426,815

Interest Payments County Bond

$590,867

$732,339

$881,516

$894,199

INTEREST PAYMENTS TOTAL

$590,867

$732,339

$881,516

$894,199

TOTAL

$1,523,640

$1,871,548

$2,191,030

$2,321,014

FY 26 Proposed Capital Projects Watershed Management Projects: County Owned Watershed Restoration Improvements: $4,400,000 Riverside Area Watershed Restoration: $1,800,000 Watershed Restoration Improvements: $1,600,000 Bynum Run Watershed Restoration Improvements: $1,000,000 Watershed Restoration Assessment: $1,000,000 Conservation Easements: $500,000 Sunnyview Stream Restoration: $500,000 Joppatowne Area Watershed Restoration: $400,000

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